There's something special about having the greenbelt right outside
your backyard. At 3915 Idalia, a backyard gate opens to the Oak
Parke greenbelt and more than 12 miles of interconnected
hike-and-bike trails through wooded paths and limestone terrain,
connecting to the Veloway, Violet Crown Trail, Circle C
Metropolitan Park and Lady Bird Johnson Wildflower Center. After a
good Austin rain, you may even discover a waterfall tucked just off
the trail.
Set on over a quarter-acre with no immediate rear neighbors, this
3,000+ sq ft home offers a peaceful setting and flexible floor plan
with four bedrooms plus a dedicated office with a door and closet
that can function as a fifth bedroom. The main level features the
primary suite, two living and two dining areas, while upstairs
offers three additional bedrooms, including one currently styled as
a bonus/living space.
The renovated kitchen features 42-inch cabinetry, quartz
countertops and stainless steel appliances, opening to the
breakfast area and family room with abundant natural light and
views of the surrounding trees.
Oak Parke offers a strong sense of community with neighborhood
events, pool, playground, basketball/pickleball court and miles of
trails. Bowie High School is within walking distance.
Enjoy convenient access to Escarpment Village, Arbor Trails, H-E-B,
Whole Foods, Costco and Alamo Drafthouse, plus MoPac and Highway
290.
A rare combination of space, privacy, greenbelt access and
Southwest Austin convenience.
Exterior photo has been digitally enhanced to reflect planned
make-ready improvements.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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